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News of Seereeram's investigations surfaced in the local press, and Citibank took out full-page ads in Port-of-Spain's daily newspapers in January 2001 defending its reputation. Citibank had commissioned Ernst & Young to conduct "an independent analysis of the entire transaction," the ads said. "The Ernst & Young report corroborates Citibank's own findings, that the 1993 transaction with Trintomar was fair, reasonable and appropriate...

Author: /time Magazine | Title: Predators in Paradise? | 10/7/2002 | See Source »

...While the International Longshore and Warehouse Union and port employers resumed contract talks with the help of a federal mediator, little progress was evident. The impasse was costing businesses an estimated $2 billion a day, and threatened an already slumping U.S. economy that depends more than ever on a just-in-time supply chain. The West Coast docks support an estimated 4 million jobs across the U.S. In Fremont, Calif., an auto assembly plant owned jointly by GM and Toyota had to stop production for lack of engines and transmissions, idling 5,100 workers. Such retailers as the Gap, Target...

Author: /time Magazine | Title: Spoil Ports | 10/5/2002 | See Source »

...With West Coast cargo volume expected to double in the next decade, shipping companies and port operators want to deploy everything from bar-code scanners and smart cards to remote cameras and sophisticated tracking software. Truckers would no longer have to fill out long forms about what they're picking up or dropping off; they could instead slide an electronic card through a reader or use a radio-frequency-controlled fast pass and be immediately dispatched to the right location...

Author: /time Magazine | Title: Spoil Ports | 10/5/2002 | See Source »

When a foul ball sailed into the seats, for example, Harwell would say, “And a young fan from (insert random Michigan town—maybe Ishpeming, Port Austin or Essexville) will take home that souvenir...

Author: By Jon PAUL Morosi, CRIMSON STAFF WRITER | Title: Thanks, Ernie | 10/1/2002 | See Source »

SMUGGLING ROUTES Sanctions have done little to stem the flow of goods into Iraq, including banned components and dual-use equipment transported across the border with Jordan and through Iraq's port on the Persian Gulf

Author: /time Magazine | Title: Weapons In A Haystack | 9/30/2002 | See Source »

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